AUD/USD - Australian Dollar US Dollar, American Session - 10/10/08 0,6569. Go to Full Article

Euro/US Dollar Forecast to Decline According to Forex Trading Signals Our proprietary forex trading signals have aggressively sold the Euro against the US Dollar, forecasting that we may see continued EURUSD declines through... Go to Full Article

In The Long Run, The Dow’s 40% Nosedive May Actually Turn Into A ... With the near-record 678-point plunge yesterday (Thursday), the Dow Jones Industrial Average (^DJI) has plunged from its all-time-record high of 14280 to below 8600 in just one year’s time. To those accustomed to a...

Lloyds A Hold On HBOS Buyout We are maintaining our Hold on Lloyds TSB Group Plc (LYG). The company has agreed to buy HBOS Plc (HBOS), a UK bank with £681 billion in total assets, in an all-stock deal worth about £12 billion, expected to be completed in late ... Go to Full Article

The US Financial System Has Failed And Needs To Be Replaced Morgan Stanley (MS) and Goldman Sachs (GS) a week ago filed to become banks, which required their moving from a position of over 30 to 1 leverage to well under 10 to 1. That deleveraging process is now killing hedge funds and close...

Forex Trading Commentary: G7 Officials To Meet This Weekend In ... Euro. The euro fell sharply vis-Ã*-vis the US dollar today (Friday) as the single currency tested bids around the US$ 1.3465 level and was capped around the $1.3650 level. NYMEX crude oil futures for November delivery were...

An Economist’s Confession: We Have Been Wrong Last night Mrs. Businomics and I were doing things we hardly ever do. I was admitting that I had been wrong. She was agreeing with me. Then I went to read some blogs and I found Brad DeLong saying exactly what I had been thinking, ... Go to...

Gold Likely To Surge Soon After The US Elections While gold has again surged on safe haven buying overnight (and is up since 20% since the financial and economic crisis deepened), there is increasing surprise that gold has not surged to its recent record highs especially as there are ... ...

In These Market Conditions Fundamentals Mean Nothing The global stock market sell off has fear racing around the world from market to market. Fundamental analysis of stocks means nothing as “investors� dump everything they own. I am curious on a couple of points. ... Go to Full Article

Time To Close Equity Short Positions Enough is enough. Markets are completely imploding, both in terms of price and liquidity. When the FTSE future opens 11% lower (!), that’s not a market, it’sa financial Chernobyl. And unless you’re equipped with the proper equipment to ... Go to...

Will Government Halt Stock Trading, Cut Capital Gains Tax To Try ... Just as we predicted last month in our September 15th post entitled “Equity Market Being Used As Source Of Funds By Financial Institutions,� equity prices have fallen dramatically over the past several weeks as the...

Chile’s Officials Hope To Reassure Investors, ETFs While almost no one is escaping the wrath of the markets, Chile and its exchange traded fund (ETF) could be poised to rebound in good shape if they play their cards right. Finance Minister Andres Velasco sought to reassure the public ... ...

Short Squeeze Triggers Sharp Volatility in Stocks, FX Traders Look ... For the first time since March 2003, the Dow Jones Industrial Average broke 8000 at the open of the US markets. However just as quickly as stocks dropped 600 points, it recovered more than half of its losses in the first...

Historical Dow Charts The Wall Street Journal has some great charts today that I think are important for historical reference: The worst market slumps in the past 100 years Top 10 Point Drops in the Dow. Go to Full Article

Half size Spread is big, market is funny, trades were half size. First I found nice scalp in eur/jpy. Than I tried to pick up bottom in eur/usd because all the weakens was based on jpy pairs movement. I let it loosely counting on profit from ... Go to Full Article